Jay Sharp - 24 Apr 2023 Form 4 Insider Report for Limbach Holdings, Inc. (LMB)

Role
President of Limbach
Signature
/s/ Jeremiah G. Garvey, Attorney-in-Fact for Jay A. Sharp
Issuer symbol
LMB
Transactions as of
24 Apr 2023
Net transactions value
-$1.72
Form type
4
Filing time
16 May 2023, 16:13:02 UTC
Previous filing
16 May 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMB Common Stock Exercise of in-the-money or at-the-money derivative security $3,888 +311 +0.59% $12.50 52,788 24 Apr 2023 Direct
transaction LMB Common Stock Sale $3,889 -222 -0.42% $17.52 52,566 24 Apr 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMB $12.50 Merger Warrants Exercise of in-the-money or at-the-money derivative security $0 -311 -100% $0.000000* 0 24 Apr 2023 Common Stock 311 $12.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 24, 2023, the Reporting Person exercised a warrant to purchase 311 shares of the Limbach Holdings, Inc. (the "Company") Common Stock for $12.50 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 222 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 89 shares.